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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Dogecoin – Asian Wrap 12 Feb

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Dogecoin – Asian Wrap 12 Feb
FXStreet TeamFXStreet TeamFXStreet

BTC/USD Price Analysis: Fresh highs of $49k with bulls well on their way to $50k

Bitcoin is well on the way of making a new milestone at $50k. In the prior analysis, BTC/USD Price Analysis: What it might take to crack $50,000, a series of prospective price action was laid out as the potential route for bulls to reach the psychological $50k mark.

Ethereum Price Analysis: ETH braces for $2,000 amid bullish technical set-up

ETH/USD eases from the day’s top of $1,807.95 to currently around $1,790 during early Friday. In doing so, the altcoin keeps the previous day’s upside momentum inside a short-term ascending triangle. Sellers to have a bumpy road before revisiting early January levels.

Dogecoin Price Forecast: DOGE bulls catch a breather between two crucial price levels

DOGE/USD wavers around 0.0700 during its latest easy performance since late Thursday. In doing so, the digital asset follows a downward sloping trend line from Sunday amid bearish MACD. 50-bar SMA pushes bulls toward breaking weekly resistance line.

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Dash Price Forecast: DASH defies headwinds, paces toward $100

Dash Price Forecast: DASH defies headwinds, paces toward $100

Dash extends its rally, reaching an intraday high of $96.85 despite the broader crypto market correcting. Retail interest in DASH explodes as futures Open Interest soars to $165 million.

XRP slides below 50-day EMA as selling pressure intensifies

XRP slides below 50-day EMA as selling pressure intensifies

Ripple is edging lower toward the pivotal $2.00 level at the time of writing on Friday, marking three consecutive days of declines. The sell-off extends across the crypto market, with Bitcoin falling toward $95,000 and Ethereum pressing down on support at $3,300.

Pi Network consolidates as momentum shift flashes downside risk

Pi Network consolidates as momentum shift flashes downside risk

Pi Network (PI) is trading near the $0.2000 psychological support level at press time on Friday, extending its nearly month-long consolidation. Large deposits over centralized exchanges accepting PI tokens suggest a sell-side bias among holders.

Crypto Today: Bitcoin, Ethereum, XRP hold support amid waning retail demand

Crypto Today: Bitcoin, Ethereum, XRP hold support amid waning retail demand

Bitcoin slips but holds above $95,000, weighed down by declining retail demand. Ethereum trades narrowly between the 100-day EMA support and the 200-day EMA resistance.

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Bitcoin: BTC bulls remain strong amid institutional demand, risk-on sentiment improves

Bitcoin: BTC bulls remain strong amid institutional demand, risk-on sentiment improves

Bitcoin (BTC) price holds above $95,500 at the time of writing on Friday after rallying more than so far 5% this week. The rising institutional and corporate demand supports the bullish price action in BTC.